NEW YORK ( TheStreet) -- Cubic Corporation (NYSE: CUB) hit a new 52-week high Wednesday as it traded at $57.39 compared with its previous 52-Week high of $57.33. Cubic is changing hands at $57.39 with 21,283 shares traded as of 12:34 p.m. ET. Average volume has been 84,800 shares over the past 30 days. Cubic has a market cap of $1.5 billion and is part of the technology sector and electronics industry. Shares are up 19.3% year to date as of the close of trading on Tuesday. Cubic Corporation designs, develops, manufactures, and installs defense electronics and transportation fare collection systems. Its Mission Support Services segment provides live, virtual, and constructive training services for the U.S. The company has a P/E ratio of 19.3, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 16.1.
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